You may have heard of a clause in an insurance policy known as a hammer clause. It’s found in management and professional liability policies such as D&O, E&O / Professional Liability, Employment Practices Liability, Cyber, and similar coverages. The intent of the hammer clause is to give the insurance company the power to compel the … Read More
Insert Image You’re Starting Up a Hedge Fund, What Insurance Coverages Do You Really Need? Before you open the doors to your new venture, there’s a couple of basic insurance coverages you’ll need to get started, which we’ll itemize below: You’ll need a business owners policy, or office package. Sometimes these policies are called BOP … Read More
Why purchase a Hedge Fund D&O / E&O Insurance? As mentioned in other FAQ blog posts on Hedge Funds, Directors and Officers Liability policies and Errors and Omissions policies are very similar in their insuring agreements, structures and exclusions. While the policy forms are similar, they are different. (Yes, the insurance business can seem like … Read More
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